ATRINSIC, INC. 65 Atlantic Avenue Boston, Massachusetts 02110 December 9, 2015
EX-10.2 6 exhibit10-2.htm exhibit10-2.htm
EXHIBIT 10.2
ATRINSIC, INC.
65 Atlantic Avenue
Boston, Massachusetts 02110
December 9, 2015
Hudson Bay Master Fund Ltd.
777 Third Avenue, 30th Floor
New York, NY 10017
Attn.: Mr. Yoav Roth
Re: 3rd Amendment to First Amended and Restated Security Agreement
Dear Mr. Roth:
Reference is made to the incremental $25,000.00 loan from Hudson Bay Master Fund Ltd. to Atrinsic, Inc. being funded today which will be evidenced by a Convertible Promissory Note of even date herewith. We hereby confirm that “Notes” as defined in the First Amended and Restated Security Agreement dated December 18, 2014, as amended, shall be further amended to include all of the notes described on Exhibit A hereto.
Except as modified hereby, the First Amended and Restated Security Agreement dated December 18, 2014 shall remain in full force and effect.
Sincerely,
/s/ Edward Gildea_______________________
Edward Gildea,
President
Agreed to and Accepted:
Hudson Bay Master Fund Ltd.
By:/s/ Yoau Roth____________________
Yoau Roth, Authorized Signatory
EXHIBIT 10.2, 1
Exhibit A
Notes Covered by First Amended and Restated Security Agreement
by and among
Atrinsic, Inc., Iroquois Master Fund LTD and Hudson Bay Master Fund LTD
| Note Date | Holder | Note Amount | ||
| 2/11/2014 | Hudson Bay Master Fund LTD | $87,500.00 | ||
| 2/11/2014 | Iroquois Master Fund LTD | $87,500.00 | ||
| 8/15/2014 | Hudson Bay Master Fund LTD | $45,000.00 | ||
| 8/15/2014 | Iroquois Master Fund LTD | $45,000.00 | ||
| 12/18/2014 | Hudson Bay Master Fund LTD | $75,000.00 | ||
| 12/18/2014 | Iroquois Master Fund LTD | $75,000.00 | ||
| 5/15/2015 | Hudson Bay Master Fund LTD | $50,000.00 | ||
| 5/15/2015 | Iroquois Master Fund LTD | $50,000.00 | ||
| 9/3/2015 | Hudson Bay Master Fund LTD | $25,000.00 | ||
| 9/3/2015 | Iroquois Master Fund LTD | $25,000.00 | ||
| 10/__/2015 | Hudson Bay Master Fund LTD | $25,000.00 | ||
| 10/__/2015 | Iroquois Master Fund LTD | $25,000.00 | ||
| 12/_/2015 | Hudson Bay Master Fund LTD | $25,000.00 | ||
| 12/_/2015 | Iroquois Master Fund LTD | $25,000.00 |
EXHIBIT 10.2, 2
